The number of golden scholarships for deserving students offered by the Government College University Lahore Endowment Fund Trust (GCU EFT) on Friday increased to 20 after a private bank (Bank Al-Habib) donated Rs 1 million to the Fund for initiating another life-time golden scholarship.
The perpetual golden scholarship to be named after the Bank would be given to a deserving GCU student every year on merit. The scholarship covers the university fee as well as hostel expenses.
Bank Al-Habib's General Manager (Central) handed over a Rs 1 million cheque to GCU Vice-Chancellor Professor Dr Muhammad Khaleequr Rahman, while GCU EFT Executive Committee Secretary Dr Khalid Manzoor Butt. "This is the second golden scholarship donated by the private bank (Bank Al-Habib) to GCU-EFT. They have pledged to donate a scholarship every year, so that deserving students can continue their studies without any financial burden," said Dr Butt.